Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Bandhan Bank, one of India’s fastest-growing private sector banks, to offer convenient financing solutions to its commercial vehicle customers. Under this collaboration, Bandhan Bank will offer financing across the entire commercial vehicle portfolio and customers will benefit from the bank’s wide network and specially curated easy repayment plans.
Tata Motors provides a wide variety of sub 1-tonne to 55-tonne cargo vehicles and 10-seater to 51-seater mass mobility solutions. These vehicles vary in small commercial vehicles and pickup, truck, and bus segments.
The company ensures unparalleled quality and service commitment through its extensive network of 2500+ touchpoints, manned by trained specialists and backed by easy access to Tata Genuine Parts. Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors, said, “Together, we look forward to driving greater convenience and support for our valued commercial vehicle customers.” Adding to that, Mr. Santosh Nair, Head, Consumer Lending & Mortgages, Bandhan Bank, said, “We are confident that this collaboration will enable us to extend our reach and provide tailored financing options to support the growth of businesses in the commercial vehicle segment.”
